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Investor Presentaiton

Income Statement (US$ Million) H1’22 H123 YOY Better/(Worse) Revenue 2,071 2,103 2% Revenue (excluding Mobile Product Sales) 1,906 1,955 3% Cost of sales (1,042) (1,062) (2)% Opex (281) (271) 4% EBITDA 748 770 3% Depreciation & amortisation expenses (362) (346) Net other gains 1 Net finance costs (80) (118) (48)% Share of results of associates & JVs (5) (8) Profit before income tax 301 299 Income tax (56) (49) 18.5% 16.2% 245 250 2.2% Effective tax rate Profit for the period Attributable to: Holders of Share Stapled Units 245 250 2.2% Non-controlling interests HKT HKT 2023 Interim Results a PCCW Group member 29 29
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